JAS Worldwide Completes IAA Acquisition to Strengthen Logistics Portfolio
Deal News | Feb 21, 2025 | PR Newswire Cision JAS Worldwide
JAS Worldwide, a globally recognized leader in logistics and supply chain solutions, has successfully completed the acquisition of International Airfreight Associates B.V. (IAA), a Netherlands-based specialized provider of air, ocean, and road freight services. The formal integration of IAA into the JAS network follows the signing of the Share Purchase Agreement (SPA) in December 2024. This acquisition significantly expands JAS's service portfolio, particularly in time-critical perishable goods, where IAA is known for its expertise. JAS's CEO, Marco Rebuffi, expressed enthusiasm for the acquisition, emphasizing the strengthened global logistics portfolio and enhanced market access. IAA remains one of the top IATA forwarders at Amsterdam Schiphol Airport, providing specialized services in perishable goods and multimodal cargo. This move fortifies JAS's foothold in the European logistics market, amplifying customer value through expanded service offerings and a broader network. Founded in Milan and headquartered in Atlanta, JAS continues its mission to deliver innovative logistics solutions tailored to customer needs.
Sectors
- Logistics and Supply Chain
- Freight and Transportation Services
Geography
- Netherlands – IAA is headquartered in the Netherlands and has significant operations at Amsterdam Schiphol Airport, a key logistics hub in Europe.
- United States – JAS Worldwide is headquartered in Atlanta, Georgia, highlighting the U.S. as a significant base for the company.
- Italy – JAS Worldwide was founded in Milan, Italy, marking the historical origin of the company.
Industry
- Logistics and Supply Chain – The article discusses the acquisition of a logistics firm, highlighting the importance of logistics and supply chain management in integrating services and expanding market access.
- Freight and Transportation Services – IAA specializes in air, ocean, and road freight services, which are pivotal to the transportation industry, impacting how goods are moved across regions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| JAS Worldwide | Bidding Company | Company | A global leader in logistics and supply chain solutions, headquartered in Atlanta, Georgia. |
| International Airfreight Associates B.V. | Target Company | Company | A specialized provider of air, ocean, and road freight services based in the Netherlands. |
| Marco Rebuffi | CEO and President of JAS | Person | Executive leading JAS Worldwide, expressing strategic goals behind the acquisition. |
| Jur de Graaf | Managing Director of IAA | Person | Executive at IAA, contributing to the strategic alignment of the acquisition. |